HDFC Institutional Current Account

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HDFC Institutional Current Account

HDFC Institutional Current Account offers seamless banking for institutions with high transaction limits, customized solutions, and 24/7 digital access.

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Details for HDFC Institutional Current Account

HDFC Institutional Current Account is designed for large institutions, offering high transaction limits, customized banking solutions, and 24/7 digital access. Enjoy efficient fund management, bulk payments, and cash management services, ensuring smooth financial operations with dedicated banking support.

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MAB

Nil

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Withdrawal Limit

Not available

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Transaction Limit

Not available

Cash Deposit Monthly

  • Free cash deposit up to ₹50 lakhs per month or 50 transactions (whichever is breached first) combined limit across HDFC Bank home and non-home branch.

Non Maintenance Charges

  • Nil

Additional Benefits

  • Free cash deposit up to ₹50 lakhs per month or 50 transactions (whichever is breached first) combined limit across HDFC Bank home and non-home branch
  • Issue Unlimited Free Demand Draft (DD) & Pay Orders (PO) payable at all HDFC Bank Locations
  • Manage collections of fees, donations etc. through various online modes by providing HDFC Bank Collect Now which enables online and offline collection modes.
  • Bulk payments to vendors and salary payments to employees hassle-free with CBX, our superior online banking platform. With ENET, you will get the benefits of bulk cheque / Demand Draft Printing, Salary upload, Tax payments, etc. through a single upload file. You can have multiple layers of authorisation to ensure complete control.
  • Faster inter-city cheque collections and daily real-time information with Cash Management Services (CMS). With CMS you get customised MIS on your cheque collections which help you track your cheque collections efficiently with HDFC Bank Collect Now.
  • Forex services including FOREX Travellers’ Cheques, FOREX Cash and a FOREX Plus Card when you travel.
  • Other services like Trade & Forex, CMS, POS, Payment Gateway and Doorstep Banking.
  • Zero Average Monthly Balance (AMB) current account.
  • 500 free "at-par" cheque leaves per month
  • Free payment and collection through NEFT / RTGS
  • Free monthly account statement.
  • Free cash deposit up to ₹50 lakhs per month or 50 transactions (whichever is breached first) combined limit across HDFC Bank home and non-home branch.
  • Free local/ intercity cheque collection & payment within HDFC Bank Branch locations.
  • Free Pay Orders (PO) & Demand Draft (DD) payable at all HDFC Bank Locations
  • Free cash withdrawal at home branch and 1 lac for non-home branch per day